Payments News

On The Web

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Need to Pay the Babysitter? Don’t Even Think About Using Cash

“When Oliver Hicks finished helping his family with yard work last summer, his dad handed him $50 in cash. Oliver didn’t want it. He asked his dad to send him the money through an app on his phone. “He was like, ‘What do you mean? There’s $50 in cash right in front of you. Why […]
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India’s Millennial Credit Card Boom Runs Into Ambani

“For every 100 people in India, there are only three credit cards. A comparable penetration figure for the U.S. is 320. Statistics like these suggest that India’s first initial public offering of a credit card issuer is either an opportunity with boundless prospects — or a victim of arrested development. Which is it? The upcoming sale of shares […]
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On The Wires

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Brex Automates Corporate Credit Card Issuance With First-Of-Its-Kind Integration With Rippling

“Brex, the corporate credit card that accelerates entrepreneurs and scaling businesses, today announced a first-of-its-kind integration with Rippling, the all-in-one employee management system that centralizes payroll, benefits, computer, and app management for businesses. This integration makes Rippling the first HR platform that allows companies to automatically issue corporate cards to new employees as part of […]
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UL Releases Google Pay Acceptance Test Plan for Transit Systems

“This Google Pay Transit Terminal Test Plan in the UL Brand Test Tool now contains the test cases that may be executed by acquirers, system integrators, and public transit operators to validate that their transit terminals can support Google Pay mobile transactions in accordance with the EMV Contactless specifications. The test cases in this new […]
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Discover and PayPal™ Collaboration Gives Cardmembers New Way to Redeem Rewards

“All eligible1 Discover cardmembers can easily pay with their Cashback Bonus or Miles using PayPal when they shop online and in apps2. Once cardmembers link their Discover card with PayPal, they can instantly redeem any amount of their rewards on eligible purchases at checkout. This latest feature stems from an ongoing collaboration between Discover and PayPal to give […]